Tag: laws and regulation

EU’s Crypto Taxation Directive Signals Global Shift in Regulation

The European Union (EU) has adopted a cryptocurrency taxation framework that includes the automatic exchange of information on crypto-assets. The core objective of...

Binance Declared “Illegal” by Nigeria’s SEC

Nigeria's Securities and Exchange Commission (SEC) declared the exchange and its subsidiary, Binance Nigeria Limited, "illegal." The SEC's primary contention is that Binance...

US proposes 30% crypto mining tax

The white house published the Digital Asset Mining Energy (DAME) excise tax, dealing a significant blow to miners in the US. Mining involves...

Africa-focused crypto firm, Paxful, finally closing shop

In 2021, Paxful had a total transaction volume of $3 billion, and Nigeria accounted for $760 million Ray Youssef stated that the...

The modus operandi behind the elusive cryptocurrency mining scams

16 per cent of crypto users have fallen prey to crypto mining scams Cryptocurrency mining scams work by promising investors high returns on...
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